Big Jumps in Pay Grade - Possible?
Discussion
How may here have taken on a junior type role with junior level pay but quickly moved internally into a more suited role with a far better pay grade (ie the sort of grade at which you have previously been earning and used to) ?
What I am getting at is whether its possible to get a job any job but in a good company at xyz salary spot a vacancy in same company after 3-6 months where you could do the job blindfolded but at double the pay grade........are companies dead set against awarding somebody that level of instant increase or promo would you be fobbed off with a slight increase over your existing grade ? I know it depends on many factors but I am just wondering if a company might see it as a way of ducking from paying the going rate knowing you want the other job and have more experience of it than the junior role you are currently in?
What I am getting at is whether its possible to get a job any job but in a good company at xyz salary spot a vacancy in same company after 3-6 months where you could do the job blindfolded but at double the pay grade........are companies dead set against awarding somebody that level of instant increase or promo would you be fobbed off with a slight increase over your existing grade ? I know it depends on many factors but I am just wondering if a company might see it as a way of ducking from paying the going rate knowing you want the other job and have more experience of it than the junior role you are currently in?
I've done it - still doing it, in fact. Your 3-6 months timeline might be a bit optimistic though. In the space of 14 months I've got 2 bumps of 11.4 % and 9.6%. I reckon there's still more juice left in the orange for another but I need to time the squeeze right....
It helps that I've got a boss that appreciates me and the work that I'm doing and that I've got a skill set that's massively in demand both internally and externally.
It helps that I've got a boss that appreciates me and the work that I'm doing and that I've got a skill set that's massively in demand both internally and externally.
I've found in big companies (10k+) this is difficult. HR and Managers will always cite things like unions, "we can't give you an extraordinary raise because it sets a precedent and upsets the unions...". Then there are internal barriers, sign-offs, budgets to meet. I suspect most managers just can't be bothered with the extra effort, and don't want to set a precedent in the team - if someone was earning 30% more for the same job, word gets around quickly.
Job hopping has merits and research has proven those who job hop earn more. They also get in to more senior roles because of their exposure. So by all means, you can get significant pay increases over time sticking with one company for 12 years, but is that the best way forward? Early in your career, move jobs every 18-24 months.
Organisations always take existing staff for granted.
On a related note, when negotiating for new job role, and the employer inevitably falls short in terms of package, seniority level etc never accept "Right now you don't meet criteria X but in one year's time you'll be promoted and we'll give you a £10k salary increase. We can see you're high potential" It's all a sell and they'll never put it in writing which proves the lack of substance. Every man for himself, I'm afraid.
Job hopping has merits and research has proven those who job hop earn more. They also get in to more senior roles because of their exposure. So by all means, you can get significant pay increases over time sticking with one company for 12 years, but is that the best way forward? Early in your career, move jobs every 18-24 months.
Organisations always take existing staff for granted.
On a related note, when negotiating for new job role, and the employer inevitably falls short in terms of package, seniority level etc never accept "Right now you don't meet criteria X but in one year's time you'll be promoted and we'll give you a £10k salary increase. We can see you're high potential" It's all a sell and they'll never put it in writing which proves the lack of substance. Every man for himself, I'm afraid.
Yes possible but very much dependent on management (if staying) or moving jobs.
Each time I've moved jobs I’ve had material pay rises, followed by another (at same firm) in quick succession.
1
Moved from co. A to co. B in 2012 (diff industry) - 68% pay rise
2
Moved from co. A to co. B in 2014 (same industry, diff sector) - 41% rise, promotions/wage rises totalling a further 19% in 18 months
3
Moved from co. A to co. B (competitor) summer 2018 - 40% rise, already had an 8% bump within 6 months.
Often moving firm is the easiest way, wage rises/promotions are easier internally if you’ve been there for a shorter period of time, especially if you exceed expectations.
Each time I've moved jobs I’ve had material pay rises, followed by another (at same firm) in quick succession.
1
Moved from co. A to co. B in 2012 (diff industry) - 68% pay rise
2
Moved from co. A to co. B in 2014 (same industry, diff sector) - 41% rise, promotions/wage rises totalling a further 19% in 18 months
3
Moved from co. A to co. B (competitor) summer 2018 - 40% rise, already had an 8% bump within 6 months.
Often moving firm is the easiest way, wage rises/promotions are easier internally if you’ve been there for a shorter period of time, especially if you exceed expectations.
slow_poke said:
I've done it - still doing it, in fact. Your 3-6 months timeline might be a bit optimistic though. In the space of 14 months I've got 2 bumps of 11.4 % and 9.6%. I reckon there's still more juice left in the orange for another but I need to time the squeeze right....
It helps that I've got a boss that appreciates me and the work that I'm doing and that I've got a skill set that's massively in demand both internally and externally.
i've done thisIt helps that I've got a boss that appreciates me and the work that I'm doing and that I've got a skill set that's massively in demand both internally and externally.
doubled salary in 4 years.
silent ninja said:
Job hopping has merits and research has proven those who job hop earn more. They also get in to more senior roles because of their exposure. So by all means, you can get significant pay increases over time sticking with one company for 12 years, but is that the best way forward? Early in your career, move jobs every 18-24 months.
Organisations always take existing staff for granted.
I can only echo these two excellent points. Organisations always take existing staff for granted.
In my previous role I was only going to be able to get a max 15% pay rise to get to the next level, plus the guy in that role was immovable and had been there 12 years, so I started looking elsewhere. Managed to get a new position at a higher level in a new company for a 32% bump in pay which was of course fantastic. I'd never, ever have been able to negotiate a pay bump of that level if I'd stayed where I was.
Hm, difficult.
I work in the IT industry. Started on 18k then went to 20k. The the company I worked for got acquired. About 6 months after the acquisition, my manager called me when I was out on a job saying she was pleased to give me a 10k payrise - our new overlords had "aligned" our pay in line with everyone else. Which was of course great and was quite a tangible jump.
I changed departments in the company to sales, which naturally attracts a higher base than a support role. But pay increases after that were hard - I got rises, but between 1-5% increments every couple of years.
It took changing companies to get anything significant. My old manager at the time fought hard, but as has been mentioned on here, it's bloody hard to get 10k+ rises in one go in large corporates.
I work in the IT industry. Started on 18k then went to 20k. The the company I worked for got acquired. About 6 months after the acquisition, my manager called me when I was out on a job saying she was pleased to give me a 10k payrise - our new overlords had "aligned" our pay in line with everyone else. Which was of course great and was quite a tangible jump.
I changed departments in the company to sales, which naturally attracts a higher base than a support role. But pay increases after that were hard - I got rises, but between 1-5% increments every couple of years.
It took changing companies to get anything significant. My old manager at the time fought hard, but as has been mentioned on here, it's bloody hard to get 10k+ rises in one go in large corporates.
Couple of times yes.
2006 I jumped from 28k to 44k, bonus changed from 2k to 14k.
The last couple of years I have been in the 10-20% pay rise for most years, however, this includes 2 years when I had no pay rise, but my package for those 2 years more than covered any pay rise I might have missed. However, I work very very hard (with long hours) to be awarded those rises... I know some people that have not had any decent rises in several years due to plodding along.
2006 I jumped from 28k to 44k, bonus changed from 2k to 14k.
The last couple of years I have been in the 10-20% pay rise for most years, however, this includes 2 years when I had no pay rise, but my package for those 2 years more than covered any pay rise I might have missed. However, I work very very hard (with long hours) to be awarded those rises... I know some people that have not had any decent rises in several years due to plodding along.
It's possible, but definitely not common.
Organisation of ~40k worldwide.
I had a rise of 15% and then another ~30% of that in the space of 18 months. Salary review soon where I should hopefully be getting another 15% or so, if not I'll look elsewhere, which I've made the company aware of. Buyers market and all that.
The timescale you mentioned is a bit tight imho.
Organisation of ~40k worldwide.
I had a rise of 15% and then another ~30% of that in the space of 18 months. Salary review soon where I should hopefully be getting another 15% or so, if not I'll look elsewhere, which I've made the company aware of. Buyers market and all that.
The timescale you mentioned is a bit tight imho.
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